Economy and Finance

Wholesale trade decreases slightly in December: Stats Canada


Wed Feb 20, 2013 10:00am PST

Canadian wholesale trade fell by 0.9% in December 2012 when compared with the previous month, according to Statistics Canada data released yesterday.

This decrease was driven in large part by a drop of 4.1% in sales of machinery, equipment and supplies from $11 billion in November to $10.6 billion in December.

The drop was partially offset by an increase of 1.4% in building materials and supplies.

Changes in other subsectors included:

  • the food, beverage and tobacco sector remaining steady with zero change;
  • personal and household goods rising by 0.7%;
  • motor vehicles and parts decreasing by 0.3%; and
  • wholesale sales in the “Miscellaneous” category dropping by 0.6%.

Wholesale sales in British Columbia increased by 0.8% in the same period.

ecrawford@biv.com

@EmmaCrawfordBIV

Tags: economic indicator, Statistics Canada, beverage, food, building material



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